REG - Electric Guitar PLC - Shareholdings and total voting rights

Electric GuitarAnnouncement

28/08/2024 08:15

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RNS Number : 8969B  Electric Guitar PLC  28 August 2024

 

28 August 2024

 

 

Electric Guitar PLC

("Electric Guitar" or the "Company")

 

Director and significant shareholdings and total voting rights

 

Electric Guitar PLC (LSE: ELEG), the digital marketing and advertising company
providing first-party data solutions, has been informed that with the issue of
9,834,521 ordinary shares of 0.5p each in the Company pursuant to the
acquisition of Mymyne Limited announced on 9 August 2024 ("Initial
Consideration Shares") and their admission to trading on AIM today, two
directors of the Company have received Initial Consideration Shares in the
Company as announced on 9 August 2024 and as set out in the table below (along
with their new total shareholding in the Company):

 

 Name             Number of Initial Consideration Shares  Number of ordinary shares now held  Percentage of share capital now held
 John Hutchinson  908,059                                 6,495,339                           2.67%
 John Regan*      3,068,140                               12,088,520                          4.97%

 

*Includes 321,031 Initial Consideration Shares issued to John Regan's wife.

 

Further details are set out in the FCA notifications, made in accordance with
the requirements of the UK Market Abuse Regulation, which are appended further
below.

 

In addition, as a result of the issue of the Initial Consideration Shares, the
Company is aware of the following revised interests of Significant
Shareholders (as defined in the AIM Rules for Companies) in the Company:

 

 Shareholder                 Number of ordinary shares held  Percentage of share capital now held
 Sanderson Capital Partners  46,990,471                      19.32%
 Tanvier Malik               13,812,782                      5.68%
 Jason Batten                6,247,625                       3.61%

 

 

Total Voting Rights

 

With the issue of the 9,834,521 Initial Consideration Shares, as at today's
date, the total number of ordinary shares of 0.5p each in issue and voting
rights in the Company is 243,256,852. This figure of 243,256,852 may be used
by shareholders as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or a change to
their interest in, the share capital of the Company pursuant to the FCA's
Disclosure Guidance and Transparency Rules.

 

For further information:

 

 Electric Guitar PLC

John Regan (CEO)                                      07721 348 826

 Allenby Capital (Nominated Adviser and Joint Broker)  020 3328 5656

 Jeremy Porter

 Piers Shimwell

 Dan Dearden-Williams

 Axis Capital Markets (Joint Broker)                   020 3026 0320

 Richard Hutchison
                                                       020 7048 9400

 Global Investment Strategy UK (Joint Broker)

 James Sheehan

 Yellow Jersey (Financial PR)

 Charles Goodwin                                       020 3004 9512

 Annabelle Wills                                       electric@yellowjerseypr.com

                          (https://appriver3651008983.sharepoint.com/sites/CompanyData/Shared%20Documents/Corporate%20Finance/Mandated%20Transactions/Electric%20Guitar/Announcements/electric@yellowjerseypr.com)
 Bessie Elliot

 

Notes to Editors

 

Electric Guitar PLC (AIM: ELEG) is the provider of first-party data solutions
for the marketing and advertising industry, empowering businesses to realise
the value of their first-party data. In an era of changing consumer attitudes
towards the use of their data, tighter privacy legislation, and the demise of
third-party cookies, first-party data is now the key to success in digital
marketing. Electric Guitar's strategy is to acquire and scale businesses that
help marketers maximise the value of first-party data by curating, managing,
and deploying it, and in doing so making Electric Guitar the industry standard
for first-party data solutions. As the first part of this strategy, Electric
Guitar acquired 3radical Limited, a company that utilises its Software as a
Service platform, 3radical Voco, to enable organisations to engage individuals
and request their data directly using interactive digital experiences. It has
since entered into collaborations with several other businesses operating in
the field, as well as a joint venture with Exelia Technologies
Limited called Marcomms.ai for producing AI-driven products and services for
the digital marketing and advertising industry.

 

For further information please visit www.electricguitarplc.com
(http://www.electricguitarplc.com) .

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         1) John Hutchinson

                                                                  2) John Regan

                                                                  3) Tamsin Hunt
 2.  Reason for the Notification
 a)  Position/status                                              1) Chair

                                                                  2) Chief Executive Officer

                                                                  3) Person closely associated with John Regan
 b)  Initial notification/Amendment                               Initial Notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Electric Guitar plc
 b)  LEI                                                          894500943SA9KY5T9V86
 4.  Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the Financial instrument, type of instrument  ordinary shares of £0.005 each
     Identification code                                          ISIN: GB00BN11T727
 b)  Nature of the transaction                                    Issue of ordinary shares of £0.005 each as consideration for the acquisition
                                                                  of Mymyne Limited
 c)  Price(s) and volume(s)                                       Price(s)                 Volume(s)
                                                                  1) 0.73 pence per share  1)908,059
                                                                  2) 0.73 pence per share  2)2,747,109
                                                                  3) 0.73 pence per share  3) 321,031
 d)  Aggregated information:                                      n/a

     -Aggregated volume

     -Price
 e)  Date of the transaction                                      28 August 2024
 f)  Place of the transaction                                     London Stock Exchange, XLON

d)

Aggregated information:

-Aggregated volume

-Price

n/a

e)

Date of the transaction

28 August 2024

f)

Place of the transaction

London Stock Exchange, XLON

 

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